[rhombus]

It can only reduce the deficit, if it does so at all, by heavy taxation, and that would hurt the economy even more. The result would be less taxable income, and the spiral would continue.

You are absolutely correct. That's how Democrats think. They don't believe the Laffer curve at all and just won't concede that tax revenue is increased when taxes are decreased. They ignore JFK's contention that "a rising tide floats all boats" and deride "trickle down" economics. So what's left to them? Raise taxes.

[Diogenesis]